Fees and Charges and How to Minimise Them

BankSA Transaction, Savings and Investment Accounts accounts no longer offered.

Fees and charges and how to minimise them. Effective date: 30 June 2021 Contents. Important Note: Information in this booklet is current as at the date of this booklet but may change from Part A – Account fees and charges. �� 4 time to time. We will give you notice of changes as set out in the Terms and Conditions applying to your account. Table 1 – Summary of fees: Transaction, Savings Nearly all financial services provided by us will be ‘input taxed’ under GST. This means and Investment accounts – accounts no longer offered. ��4 that GST of 10% will not be added to the fee/charge for that service. There are a few Table 2 – Fee exemptions: Transaction, Savings services we provide which will be subject to GST of 10%. In these circumstances, GST and Investment accounts – accounts no longer offered. ��6 of 10% has been included in the fees and charges for these services. Where applicable, the fees stated are GST inclusive. Table 3 – Summary of fees: Business accounts – accounts no longer offered. �� 7 1 General. ��9 Introduction 2 Further details about our account fees and charges. ��9 3 Further details about our transaction allowances This booklet sets out the fees and charges that apply to the accounts listed in Part A, as well and fee exemptions. �� 12 as the special services listed in Part B. We may introduce new fees and change existing fees from time to time. Where the new or changed fees relate to an account, we will give you 4 Government charges on accounts. �� 13 notice in accordance with the Terms and Conditions of your account. 5 Fees for services relating to accounts. �� 13 This booklet does not contain all of the Terms and Conditions that apply to you. Further Terms Part B – charges for special services. �� 15 and Conditions (including the meaning of defined terms) are set out in: Payment Services. �� 15 • the booklet ‘BankSA Transaction, Savings and Investment accounts – accounts no longer offered. Banking Services Terms and Conditions and General Information’; and Cheque Services. ��16 • any notice we give you about current interest rates that apply to your account. Card Services. ��16 Further information about our products and services is available by visiting our website Document Requests. ��16 banksa.com.au Other Services. ��17 Fees Applicable to Privacy Access Requests. ��17 Bank Draft Services. ��17 Overseas Services. ��18 Foreign Currency Services. ��18 Foreign Currency accounts* ��18 Trade Finance Fees*. �� 19 Advantage Package Annual Fee. ��20

Suggestions on how to avoid or minimise fees. ��21

3 Part A – Account fees and charges.

Table 1 – Summary of fees: Transaction, Savings and Investment Table 1 – Summary of fees: Transaction, Savings and Investment accounts accounts – accounts no longer offered. – accounts no longer offered (continued).

Fee Further Investment Gold Cash Portfolio Freedom School Express Power Sense Sense Express Freedom Complete Fee Further Investment Gold Cash Portfolio Freedom School Express Power Sense Sense Express Freedom Complete Description details Savings Management Cash Plus Saver Saver Saver Everyday Saving Freedom Account Freedom Description details Savings Management Cash Plus Saver Saver Saver Everyday Saving Freedom Account Freedom These fees Account Account Management Account Account Account Account Account Account Student These fees Account Account Management Account Account Account Account Account Account Student are payable Account Account are payable Account Account to BankSA to BankSA Account fees Transaction allowances (transaction fees are charged when Free monthly transaction allowances are exceeded) Account- Free monthly keeping fee withdrawal Clauses (formerly Clause allowance $6 $6 $6 $5 Nil Nil Nil $5 N/A $3 $5 Nil 3.1 to Unlimited Unlimited Unlimited Unlimited Unlimited Unlimited Nil Unlimited N/A Unlimited Unlimited Unlimited known as 2.1 (for eligible 3.3 ‘Account transaction service fee’) fees) Minimum Maximum Unlimited monthly number of staff balance Staff assisted Clause assisted required $5,000 $5,000 $5,000 N/A N/A N/A N/A N/A N/A N/A $3,000 N/A transactions 2.1 Unlimited Unlimited Unlimited Unlimited Unlimited N/A Nil Unlimited transfers Unlimited Unlimited Unlimited to avoid included in to Sense account- Free monthly Everyday keeping fee withdrawal only allowance Minimum total monthly Free deposit Clause Collections Clause N/A N/A N/A N/A N/A N/A N/A $2,000 N/A $1,000 N/A N/A Unlimited Unlimited Unlimited Unlimited Unlimited N/A Unlimited Unlimited N/A Unlimited Unlimited Unlimited to avoid 2.1 items each 3.1 account- month keeping fees Transaction fees – Free monthly transaction allowances do not apply to these fees Transaction fees – where a relevant Free monthly withdrawal allowance applies, these transaction fees are payable per transaction after the allowance has been exceeded Direct Debit Free Free Free Free Free Free Free Free N/A Free Free Free Internet Clause Periodical Clause Free Free Free Free Free Free Free Free Free Free Free Free Free Free Free Free Free Free Free Free N/A Free Free Free Banking 2.2 Payment 2.13 Phone Overseas Free Free Free Free Free Free Free Free Free Free Free Free Banking Withdrawal (formerly Clause Visa Debit Clause known as $5 $5 $5 $5 Free N/A N/A $5 N/A $5 $5 $5 Free* Free* Free* Free* N/A N/A N/A Free N/A Free* Free* Free* 2.14 transactions 2.4 ‘Overseas Cash BankSA/ Withdrawal’) St.George/ Westpac/ BankSA/ Bank of Free Free Free Free Free N/A Free Free Free+ Free Free Free St.George/ Melbourne Bank of ATM (in Melbourne Free Free Free Free Free N/A Free N/A N/A Free Free Free Australia) ATM Mini transaction eftpos Free Free Free Free Free N/A Free Free N/A Free Free Free history Electronic Free Free Free Free Free N/A N/A Free N/A Free Free Free Frequent Agency Statement Free Free Free Free Free N/A Free N/A N/A Free Free Free Cheque N/A Free Free N/A N/A N/A N/A Free N/A Free Free N/A (per month)

++ Foreign Staff assisted Free Free Free Free Free N/A Free Free Free Free Free Free Clause Currency 3% 3% 3% 3% 3% N/A 3% 3% N/A 3% 3% 3% Bank@Post™ Clause 2.17 Free Free Free Free N/A N/A N/A Free Free Free Free Free Conversion 2.10 Collection Clause Free Free Free Free Free N/A Free Free N/A Free Free Free item 2.19

+ Balance enquires and transfers to Sense Everyday Account only. ++ Transfers to Sense Everyday Account Only. * Merchants may charge a fee for Visa Debit transactions.

4 5 Table 2 – Fee exemptions: Transaction, Savings and Investment accounts Table 3 – Summary of fees: Business accounts – accounts no longer offered. – accounts no longer offered.

Description Further Investment Gold Cash Portfolio Cash Freedom School Express Power Sense Sense Express Freedom Complete Fee description Further Business Commercial GST Provision Trust account Commercial Business Business details Savings Management Management Plus Saver Saver Saver Everyday Saving Freedom account Freedom details Cheque Money Market account (Other) Line of Maximiser Umbrella account account account account account account account account account Student account account Credit Investment account (Non-Interest Loan Fee exemptions Bearing) account Exemptions Account fees available Account-keeping fee Clause 2.1 $6.50 Nil Nil $6 Nil Nil Nil on a single Clause (formerly known as account for ✗ ✗ ✗ ✗ ✗ ✗ ✗ ✓ ✗ ✓ ✓ ✗ 3.5 ‘Account service fee’) customers with a Monthly rebate of $1.50 for N/A N/A N/A N/A N/A N/A disability account-keeping fee, every $500 of excess transaction fees the minimum Free and collection item fees balance of your periodical account for the payments month between Clause BankSA/ ✓ ✓ ✓ ✓ ✓ ✓ ✗ ✓ ✓ ✓ ✓ ✓ Transaction Allowances (transaction fees are charged when Free monthly transaction allowances are exceeded) 2.13 St.George/ Free monthly transaction Clauses 15 5 Deposits 5 Deposits 15 8 70 10 (max. 2 Bank of allowance 3.1 to 3.4 5 Withdrawals 2 Withdrawals Staff assisted Melbourne withdrawals) accounts Free monthly collection Clause 3.1 15 15 5 15 16 70 Nil items Transaction fees (free transactions do not count towards your Free monthly transaction allowance) Internet Banking Clause 2.2 Deposits $6.50 Deposits Deposits $2 Free Free – $0.10 – Free – $0.10 Withdrawals Withdrawals Withdrawals – $0.20 – $5 – $0.20 Phone Banking Clause 2.3 Deposits $6.50 Deposits Deposits $2 Free Free – $0.10 – Free – $0.10 Withdrawals Withdrawals Withdrawals – $0.20 – $5 – $0.20 BankSA/St.George/Bank Clause 2.5 Free Free Free Free Free Free Free of Melbourne/Westpac ATM (In Australia) eftpos Clause 2.6 Deposits N/A Deposits Deposits $2 Free Deposits – $0.10 – $0.80 – $0.10 – Free Withdrawals Withdrawals Withdrawals Withdrawals – $0.40 – $5 – $0.40 – $0.60 Electronic Agency Clause 2.7 Free N/A Free Free Free Free Free Express Deposit Clause 2.18 $0.80 $6.50 Deposits Deposits $2 $1 Deposits – $0.80 – $0.10 – Free Withdrawals Withdrawals Withdrawals – $5 – $2 – $2.50 Direct Credit Clause 2.12 $0.10 $6.50 Free $0.10 $2 Free Free Direct Debit Clause 2.11 Free $6.50 $5 Free $2 Free See below Cheque Clause 2.8 Deposits N/A Deposits Deposits $2 $0.50 Deposits – $0.10 – $0.80 – $0.10 – Free Withdrawals Withdrawals Withdrawals Withdrawals – $0.40 – $5 – $0.40 – $0.60 Staff assisted Clause 2.9 $0.80 $6.50 Deposits Deposits $2 $1 Deposits – $0.80 – $0.10 – Free Withdrawals Withdrawals Withdrawals – $5 – $2 – $2.50 Bank@Post™ Clause 2.10 Free N/A Free Free Free Free Free Collection item Clause 2.19 $0.50 $0.50 $0.50 $0.40 $2 $0.50 Free

6 7 Table 3 – Summary of fees: Business accounts 1 General. – accounts no longer offered (continued). 1.1 Where you have an account listed in Table 1 and 3 at the front of this booklet, Part A of this booklet forms part of the Terms and Conditions applying to your account. Transaction fees – free monthly transaction allowances do not apply Direct Debit Clause 2.11 See above See above See above See above See above See above $0.20 1.2 From time to time, we may waive fees normally payable on your account. We usually Business Visa Debit Clause 2.4 N/A N/A N/A N/A Free Free N/A Card1 tell you the period for which any fee waiver applies. Periodical payment Clause 2.13 Free Free Free Free Free Free Free 1.3 Where we do not charge a fee that we are entitled to charge, this will not constitute Overseas Withdrawal Clause 2.14 $5 N/A $5 N/A $5 $5 $5 (formerly known a waiver of our right to charge that fee. as ‘Overseas Cash Withdrawal’) ATM mini transaction Clause 2.16 Free N/A Free N/A Free Free Free history request 2 Further details about our account fees and charges. Frequent Statement Clause 2.15 Free Free Free Free Free Free Free (per month) 2.1 Account-keeping fee. Foreign Currency Clause 2.17 3% N/A 3% N/A 3% 3% 3% Conversion The account-keeping fee (formerly known as ‘account service fee’) is charged once in each month and is debited to your account on the last day of each month. Where a minimum monthly balance to avoid the account-keeping fee applies to your account, the account-keeping fee will not be charged for each month in which the balance of your account does not fall below the minimum required to avoid the account-keeping fee. Where a requirement for a minimum total monthly deposits applies to your account to avoid the account-keeping fee, the account-keeping fee will not be charged for each month in which the minimum total of customer initiated deposits is made by the last business day of the month. Any deposits made after the last business day of the month will be included in the minimum total monthly deposits calculation for the next month. Customer initiated deposits are any deposits made by or at your request. Examples include a deposit of money by way of salary, pension, cash or cheque. It does not include certain amounts credited by us such as interest, rebates and adjustments. If there is an overdraft facility on your account, additional account administration or service fees may be payable under your credit contract and charged to your account. Please refer to your credit contract for further information about these fees.

2.2 Internet Banking. If the Internet Banking transaction fee is payable, it is charged for transfer withdrawals, including Bpay® transactions. The fee is charged on the last day of the month in which the transaction occurred. For accounts where Internet Banking transactions are fee-free, they will count towards your Free monthly withdrawal allowances. If the Free monthly withdrawal allowance is exceeded, a fee will be charged for each Internet Banking transaction in excess of the allowance.

8 9 2.3 Phone Banking. 2.8 Cheque. If the Phone Banking transaction fee is payable, it is charged for transfer withdrawals, Where the Cheque fee is payable, it is charged for each withdrawal relating including BPAY transactions, but excluding Staff assisted transactions. The fee to a cheque drawn on your account. The fee is charged on the last day of the month is charged on the last day of the month in which the transaction occurred. in which the cheque withdrawal is debited to your account. For accounts where Phone Banking transactions are fee-free, they will count towards 2.9 Staff assisted. your Free monthly withdrawal allowances. If the Free monthly withdrawal allowance is exceeded, a fee will be charged for each Phone Banking transaction in excess Transactions conducted through BankSA/Bank of Melbourne/St.George staff, or staff of the allowance. of a branch agency, including over-the-counter and Phone Banking transactions.

2.4 Visa Debit transactions. 2.10 Bank@Post™. A Visa Debit transaction is: Bank@Post™ includes selected Australia Post Offices where you can deposit or • a purchase transaction made using your Visa Debit Card where you press withdraw cash and check your account balance. the ‘credit’ or ‘Visa Debit’ button at a point-of-sale terminal or you make a Contactless transaction processed through Visa; and 2.11 Direct Debit. • a transaction where you use the card number to purchase or pay for goods Where the Direct Debit fee is payable, it is charged for a transfer of funds from or services over the phone or Internet processed through Visa. your account drawn under a direct debit request you gave another person. The fee Visa Debit transactions are free, but count towards your Free monthly is charged on the last day of the month in which the transaction occurred. withdrawal allowance. 2.12 Direct Credit. The merchant may charge a fee for Visa Debit transactions as a surcharge for accepting payment by card. Such fees are merchants’ fees. They are not BankSA fees. The Direct Credit fee is payable for a deposit to your account by direct credit. The fee is charged on the last day of the month in which the transaction occurred. 2.5 BankSA/St.George/Bank of Melbourne/Westpac ATM. 2.13 Periodical Payment. A BankSA/St.George/Bank of Melbourne/Westpac ATM transaction is: A transfer of funds that we make on a regular basis at your request from your account • a withdrawal or balance enquiry using a BankSA/St.George/Bank of Melbourne/ to another specific account. Westpac branded ATM in Australia; and • a transfer using a BankSA/St.George/Bank of Melbourne branded ATM. 2.14 Overseas Withdrawal. The Overseas Withdrawal fee (formerly known as ‘Overseas Cash Withdrawal fee’) 2.6 eftpos. is payable for a withdrawal of cash conducted outside Australia, including cash Where the eftpos transaction fee is payable, it is charged for an eftpos transaction withdrawals using an ATM located outside Australia. The fee is charged on the last day other than transactions undertaken on an EFT Terminal at an Electronic Agency. of the month in which the transaction occurred. The fee is charged on the last day of the month in which the transaction occurred. This fee is in addition to any Foreign Currency Conversion Fee (see below).

2.7 Electronic Agency. 2.15 Frequent Statement. An Electronic Agency is a third-party business, linked to our banking network and An additional statement provided to you in a month. equipped to provide selected bank services over the counter. These services include, withdrawals or transfers using an EFT Terminal at an Electronic Agency.

10 11 2.16 ATM Mini Transaction history request . These transaction allowances may include a limit on the number of Staff assisted transactions that can be included in the allowance. A list of recent transactions using a BankSA/St.George/Bank of Melbourne branded ATM or electronic agency. The Staff assisted transaction limit is not in addition to your Free monthly withdrawal or transaction allowance. The limit is part of the allowance. 2.17 Foreign Currency Conversion. 3.2 You are charged a fee for each transaction that is not included in your Free monthly The Foreign Currency Conversion fee is payable for any transaction that involves withdrawal or transaction allowance, or that is in excess of your allowance. the conversion of an amount of foreign currency into Australian Dollars. The fee 3.3 The tables in this booklet set out the transactions that count towards is charged at the time the transaction is processed to your account. the Free withdrawal/transaction allowance on your account. The fee will be shown on your account statement separately to the transaction amount. Each month we examine the transactions made on your account in sequential order to work out the transactions that are covered by your Free withdrawal or transaction 2.18 Express Deposit. allowance for that month. 3.4 Some business accounts have limits on the number of free Staff assisted transactions Where the Express Deposit fee is payable, it is charged for cash and non-cash deposits in the Free monthly withdrawal or transaction allowance. You may use up the Free to be made to your account by use of: monthly withdrawal or transaction allowance on your account before you make • a tamper evident bag BankSA/St.George/Bank of Melbourne provides which any Staff assisted transactions. If so, a fee will be charged for each Staff assisted is deposited in an express deposit box located in selected BankSA/St.George/ transaction on your account in that month. Bank of Melbourne branches; or • an express deposit envelope which is deposited in an express deposit box 3.5 Customers with a disability. located in selected BankSA/St.George/Bank of Melbourne branches. Customers who rely on branch services because a disability prevents them from using electronic services may apply to be exempt from paying certain transaction fees. The Express Deposit fee is charged on the last day of the month in which the transaction occurred. At any one time, a customer can only have one account with transaction fees waived on this basis. 2.19 Collection item. Customers who feel that they meet this criteria must apply at a BankSA branch Where the Collection item fee is payable, it is charged for a cheque or merchant and provide proof of eligibility (for example, a Disability Support Pension card). envelope deposit. The fee is charged on the last day of the month in which 4 Government charges on accounts. the transaction occurred. 4.1 Statutory government charges may apply to your account from time to time. Each cheque and merchant envelope deposit made at the one time is counted as a separate collection item. For example, five cheques deposited at the one time are 4.2 If any government charges apply to your account, they are charged directly to your counted as five collection items. account in accordance with the Terms and Conditions applying to the account. 4.3 If you do not provide your Tax File Number, BankSA is required to deduct withholding A Collection item fee is charged in addition to a fee for the deposit. For example, if you tax from any interest payable to you and forward it to the Australian Government. deposit five cheques at a branch at the one time, you may incur a Collection item fee for each cheque as well as a fee for a Staff assisted transaction. 5 Fees for services relating to accounts. 3 Further details about our transaction allowances Unless noted otherwise, all fees and charges for the following account services and fee exemptions. are debited to your account at the time the transaction or event occurs.

3.1 Transaction allowances. Many accounts have a Free monthly withdrawal allowance or Free monthly transaction allowance.

12 13 Account service Amount Part B – charges for special services. Overseas telegraphic transfer (plus overseas bank charges) • Requested using Internet Banking $10.00 per transfer in foreign currency Fees for general banking services. $20.00 per transfer in Australian Dollars The following fees and charges are payable for banking services that are not related to your Cancellation and return of funds (plus overseas bank charges) account. This Part B does not form part of the Terms and Conditions of your account or any • Requested using Internet Banking $25 Payment Service. Unless noted otherwise, all fees and charges for the following special Trace on telegraphic transfer (plus overseas bank charges) services are debited to your account at the time the transaction or event occurs. • Requested using Internet Banking $25 Dishonour Fee Payment Services. (Periodical payments, direct debits, and outward cheques) • Commercial Line of Credit and Business Umbrella Investment $9 Loan Account Bank Cheque (staff assisted) • Other accounts Free • Payable for the issuance of a bank cheque, or a bank cheque $10 Overdrawn Fee (formerly known as ‘Payment Honour Fee’) payable $15 replacement if the amount of the cheque is changed. for each day that a transaction overdraws your account or increases (Fee does not apply when cheque is drawn directly from a Fixed the amount already overdrawn, is a withdrawal against uncleared Term account in customer’s name within grace period) funds, or exceeds the available funds in the account at the time of the transaction. Deposit/transfer to another financial institution other than a Stopping payment on a cheque at your request direct debit (you must provide a deposit slip provided by the (single cheques, or multiple cheques in the same sequence) other financial institution). • Staff assisted • Customer Nil − For personal accounts Free • Non-customer Nil − For business accounts $15 Real Time Gross Settlement (RTGS) fee per successful transfer $35 • Requested using Internet Banking or Phone Banking − For personal accounts Free Trace on Real Time Gross Settlements $27 − For business accounts $8 Bill Payment/transfer to other account when request made by phone $5.40 Alerts Services or fax • SMS Alert Fee (Usage Fee applying per SMS to all SMS Alert Services)* Free Bills for Collection – closing an account on advice from other bank $5.40 • Email Alert Fee Free • Dishonour Alert Facility Fee (Subscription fee charged monthly) $2 Coin Handling fee Trace and Recall fee payable per trace or recall when you request a $16 Customers: trace or recall on an electronic third party transfer or BPAY transaction • Sorted and Bagged Nil not accepted Inward telegraphic transfer (plus overseas bank charges) • Unsorted and Unbagged • Pension paid to a nominated Retirement Access Plus account Free • Otherwise credited to an account $12 Non-Customers: 10% of • All other Inward telegraphic transfers $38 • Sorted and Bagged amount Garnishee fee $13.00 (unless • Unsorted and Unbagged not accepted otherwise provided Change supplied (per bag/roll) $0.50 (min $2) by court order) Multiple credits (includes payroll credits). Payable per credit: Sweeping Facility $2.50 • Cheque drawn on BankSA account $1.50 Fee charged for each sweeping transaction (Dr/CR) • Cheque drawn on other institution per credit $5 Direct Entry Payments via Business Banking Online charged $0.25 per transaction with a direct entry file *SMS Alerts are free for the Express Freedom, Sense Everyday Account and Sense Savings Account.

14 15 Cheque Services. Other Services.

Special clearance on a deposited cheque Nil Certificate of account balances (per certificate) • For personal accounts Nil Card Services. • For business accounts $16 Audit Certificate Card replacement (sent to an address within or outside Australia) • (refer to Miscellaneous Service Fee) • All replacements Nil Bank Guarantee Maintenance fee 0.75% of (Courier costs (charged half-yearly in advance – min $60) guaranteed amount may apply) Miscellaneous Service fee $65/hr (min $32.50) Issue of Deposit Only Card $2.20 Other than: per card • Trace of personal or bank cheque after it has been presented $35 per item (Cheque copy must be obtained first) Document Requests. (Charged per voucher request) • Over-the-counter statement Nil Duplicate deposit book Nil Search Fee $50 Agent deposit book Nil A search fee applies to all businesses, trading names or companies opening an account, or to confirm any changes in name, directorship Pay envelopes $55 per 500 or structure. Where multiple searches are required, then the fee is charged per search. Fees Applicable to Privacy Access Requests. Duplicate Visa voucher $10.50 Copy of deposit or withdrawal slip $15 Category On Access Request Form Applicable Fee Copy of personal or bank cheque after it has been presented Nil Name/Address Personal Details Free Duplicate account statement Nil Card Personal Details Account Information Loan Credit Information Details Personal Correspondence Details Other

Bank Draft Services.

Issue of bank draft $25 (regardless of currency or amount) Repurchase $20 (when draft is presented over counter) Replacement/stop payment/amendment/refund of bank draft $38 (plus overseas bank charges) Advise fate/trace on a bank draft $27 (plus overseas bank charges)

16 17 Overseas Services (staff assisted). Trade Finance Fees*.

Overseas telegraphic transfer (plus overseas bank charges) $32 Import Irrevocable Documentary Letter Amendment to payment details (plus overseas bank charges) of Credit (DLC) 0.375% of maximum Establishment Fee contingent liability • Staff assisted $21 (per six months or part thereof) (minimum $100) • Call centre staff assisted $15 Amendment Fee – Increase in amount, 0.375% of face value Cancellation and return of funds (plus overseas bank charges) $32 extension of expiry date past 6 months from (minimum $100) Trace on telegraphic transfer (plus overseas bank charges) $27 original issuance date. Amendment Fee – No value change/ $60 Foreign Currency Services. extension $60 Discrepancy Fee 1.50% of face value Pension cheques for collection Free Acceptance Commission (minimum $75) (funds held on a 20 business day hold) Free Foreign item dishonour fee Free Drawing Fee (1–3 drawings) (plus overseas bank charges) 0.25% of amount drawn Foreign item for collection $40 Drawing Fee (4th and subsequent drawings) (minimum $50) (maximum $500) Inward items for collection $40 (items received from overseas bank for collection) Import Collection Commission 0.25% of face value Travellers cheques encashments (minimum $65, Free • AUD maximum $600) Travellers cheques sales commission charged on sale amount 1.09% of sale Extension/Dishonour Fee $65 (min $12) Export Collection Encashment of foreign currency notes $10 Commission Fee 0.20% of face value Sale of foreign currency notes 1.09% of sale (minimum $65) (A minimum sale amount of $250 Australian Dollar or its equivalent) (min $10) Extension/Re-presentation $65 From 30 April 2021, BankSA will no longer process foreign cheques and items Export Documentary Letter of Credit (DLC) for collection. Negotiation Commission 0.20% of face value (minimum $75) Foreign Currency accounts* Letter of Assignment $100 Foreign cheque deposit to foreign currency account $32 Transferable Documentary Letter of Credit Transfer 0.40% of maximum transfer liability Conversion from/to foreign currency account to/from Australian $10.50 (minimum $250) dollars and credited to BankSA account Conversion from foreign currency account to Australian dollars $10.50 On Presentation under Head DLC 0.20% of face value and credited to other bank (minimum $100) Account Service Fee Free Export Negotiations Not Under DLC Negotiation Commission 0.20% of face value *Fees apply to special services you obtain in respect of your foreign currency account. Also Government and statutory charges apply. (minimum $65) From 30 April 2021, BankSA will no longer process foreign cheques and items $65 for collection. Extension/Re-presentation

18 19 Trade Finance Fees* (continued). Suggestions on how to avoid or minimise fees.

Stand-by Letters of Credit The amount of fees you incur depends largely on the way you bank. At BankSA we would like Establishment Fee 2.50% of face value per 6 months to help you keep fees to a minimum – or avoid them altogether. It’s all in the way you choose or part thereof subject to negotiation to manage your banking. with Trade Finance product specialists. (Minimum 0.75% per 6 months • Plan your banking – if fees for withdrawals apply to your account, try to limit the number of face value or part thereof, or $250, of withdrawals. whichever is the greater) • Use Internet Banking or Phone Banking. Bid/Performance Bonds 2.50% of face value per 6 months • Take advantage of any transaction allowances or fee exemptions that apply Establishment Fee or part thereof subject to negotiation to your account. with Trade Finance product specialists. (Minimum 0.75% per 6 months • Maintain your minimum monthly balance. of face value or part thereof, or $250, • Swap your passbook for a card – where practical, avoid conducting transactions in branches. whichever is the greater) • Simplify your banking – avoid maintaining multiple accounts. Pre/Post Shipment Finance • Make sure you’re familiar with the fees that may apply. Establishment Fee (over-the-counter) $50 Rollover Fee $50 • Check whether you have the most suitable account for your needs. For further information about how to minimise or avoid fees, visit our website banksa.com.au Advantage Package Annual Fee.

• A fee payable if you are eligible for a BankSA Advantage Package and are receiving the package benefits $395 • The fee is electronically transferred from your Package Fee Paying account on an annual basis • The first payment occurs on the day after settlement of your Advantage Packaged home loan and thereafter on each anniversary date

* In order to facilitate your payment, trace or cancellation request, overseas banks may convert the payment or impose additional fees or charges. Out of pocket expenses such as SWIFT messages and courier costs may also be payable. These fees will vary and can be advised upon request at the time of transaction. We may receive commissions or other benefits from other financial institutions.

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